How to unlock your employee savings?

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Have you heard of employee savings? Hard to miss these days. And for good reason ! As the specialized platform Previssima explains on its site, the conditions for releasing the money placed are changing this year. This transformation is part of the government’s response to the inflationary wave that has been hitting the country for long weeks and no less long months now. It makes it easier, in many ways, for savers to get their money back.

But before getting to this level of detail, perhaps we should recall what employee savings is precisely. As the teams from the Ministry of the Economy, Finance, Digital and Industrial Sovereignty explain on the Bercy site, this is a device that “allows employees to build up capital while taking advantage of advantageous taxation”. “Distinct from salary, which it cannot replace, employee savings takes different forms: profit-sharing, participation, employee savings plans”, continues the platform.

Most often, Ouest-France informs on its site, it is the Company Savings Plans (PEE), the Savings Plans for Retirement (PER) or the Savings Plans for Collective Retirement (PERCO) which accommodate the money invested through employee savings. The unlocking methods differ, in normal times at the very least, from one product to another. Little reminder.

What are the new terms and conditions?

Due to the high inflation facing the country, the purchasing power of French men and women is regularly reduced. This is a reality that savers are even more confronted with since the performance of their investment products is also being abused.

To benefit from the new terms of release, explain our colleagues, it is now necessary to apply for early release in time, that is to say before December 31, 2022, and not to withdraw more than 10,000 euros. In addition, continues Bercy, “the sum withdrawn must be used to finance the purchase of one or more goods or the supply of one or more services”.

What are the unlock conditions like in normal times?

In 2023, unless the operation currently in force is renewed, French men and women should no longer be able to release their employee savings under the same conditions as those previously set out. How, in this case, can they do it? First solution, already mentioned and recalled by the public service site: be patient. While waiting for the end of his career – or the five years necessary in the event of a PEE – it is possible to recover all the money invested and any profits made.

Moreover, there are specific situations which, even in normal times, make it possible to claim early release. Here is the list: